Japan central bank, govt signal more steps to ease funding strains
Share:
TOKYO (Reuters) - The Bank of Japan will do "whatever it can" to mitigate the growing fallout from the coronavirus pandemic, Governor Haruhiko Kuroda said on Tuesday, warning that a collapse in global activity has had severe consequences on the economy.The government will also use all available tools to help Japan's car and autoparts makers hit by supply chain disruptions, slumping demand and factory shutdowns caused by the health crisis, its top spokesman said."The industry is suffering deeply..